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Real Estate
Reply to "I used to think a million dollar house would be a mansion"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Initial post was about a 29 year old buying a million dollar home. While it can happen, a fed or consultant from one of the firms at that age ain't that person without mommy and daddy shelling out cash.[/quote] Plenty of 20-something tech kids and finance kids pulling in six figures a year. Or just a few years of Big Law at $170k a year. Very doable.[/quote] 170k/year doesn't get you a 1MM house, nor would it yield you enough savings after 6 years of graduating for a 450k down payment as someone noted above. Can it happen with some tech kids who hit a homerun? Sure, but that's not common and especially around here. Los Gatos? Sure. [/quote] There are plenty of double big law associate couples buying million dollar plus houses just a few years in. [/quote]
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